Federal Bering Calls First Time at Antwerp
The Federal Bering bulk carrier called for the first time at the port of Antwerp on November 16. The recently built Federal Bering is in Antwerp for three days to load a consignment of 20…
Royal HaskoningDHV Opens Office in Ho Chi Minh City
International engineering and project management consultancy Royal HaskoningDHV has celebrated the opening of its new office in Vietnam in a ceremony which also…
Capacity Culls Insufficient to Reverse Rate Slump: Alphaliner
The idle containership fleet has reached its highest level in five years, with over 1 Mteu of vessel capacity currently unemployed. Carriers are removing capacity…
NOL Acquisition Soon?
Neptune Orient Lines(NOL) confirmed that it is continuing in discussions with respect to a potential acquisition of the group as previously announced on Nov 7 on the local bourse…
Indian Ocean: No Insurance Premium Reduction Likely
In October a number of trade bodies released a joint press release to formally announce a reduction of the High Risk Area (HRA). Insurance companies have said the…
China Merchants to Acquire Sinotrans
Chinese transport giant China Merchants Group looks set to takeover Sinotrans & CSC in the potential merger between the two shipping giants in China, reports Reuters.
Songa Dismisses DSME Claim
Norway's Songa Offshore SE referred Tuesday to its announcement July 15 regarding the receipt of notices of arbitration from South Korea's Daewoo Shipbuilding &…
Marco Polo Terminates Rig Contract with Sembmarine
Marco Polo Marine has unilaterally terminated a rig building order worth US$214.3 million from a subsidiary of Sembcorp Marine. Sembcorp Marine on early Wednesday morning said its subsidiary…
German Vessal Held in US
A German ship Cornelia is being held in the Duluth Bay by U.S. authorities in Lake Superior for a fortnight, says local media. The U.S. Coastguard is investigating…
Seacat Services Invests In New Vessels
Offshore energy support vessel operator Seacat Services has placed an order for up to four new vessels with local boat builder South Boats IoW. The DNV-GL class…
Update: Statoil Follows Shell out of Alaska
Norwegian oil major Statoil said on Tuesday it will pull out of Alaska's Chukchi Sea, just weeks after Royal Dutch Shell abandoned the treacherous waters there after…
DOF Sells Skandi Inspector
DOF Subsea, a subsidiary of DOF ASA, has entered an agreement to sell the 1979-built multipurpose offshore vessel Skandi Inspector to an undisclosed international buyer. The 80.8 m, 2,355 dwt vessel is expected to be delivered before end of 2015.
Crowley Breaks Ground on San Juan Terminal
Crowley Puerto Rico Services, Inc. has broken ground on a $48.5-million construction project for a new pier at its Isla Grande Terminal in San Juan, Puerto Rico, the company announced. The project includes the development of a new 900-foot-long, 114-foot-wide concrete pier and all associated dredging needed to accommodate Crowley’s two new liquefied natural gas (LNG)-powered, Commitment Class ships, which are scheduled for delivery in 2017.
Swan, EXMAR Partner for India’s First FSRU Terminal
EXMAR has entered into a binding Term Sheet with Swan Energy Limited for the joint development and operation of the Jafrabad LNG Port project, to be located in the State of Gujarat, India. The Jafrabad LNG Port will be a 5 million tons per annum (MTPA) LNG receiving terminal, with one jetty-moored Floating, Storage and Regasification Unit (FSRU). The two partners have the firm intention to expand the terminal to 10 MTPA, through the deployment of a second FSRU.
Saipem CEO Sees No Volkswagen Risk over Fleet Standards
The fleet Italian oil contractor Saipem uses to carry out its offshore construction and drilling business has been properly certified and there is no risk of any Volkswagen-like scandal…
Statoil’s Exit from Alaska ‘Disappointing’ -NOIA
NOIA President Randall Luthi, issued a statement on Statoil’s decision to exit the Alaskan Arctic, calling the departure “disappointing” yet “understandable” due to a tough economic and regulatory climate. The Norwegian oil major said on Tuesday it will pull out of Alaska as its exploration leases in the Chukchi Sea no longer looked competitive. "Statoil's decision to withdraw from the Alaskan Arctic is disappointing yet understandable given current tough economic and regulatory conditions…
TORM Mulls 2016 NYSE Listing
Denmark-based tanker shipping company TORM A/S announced last week that it is considering the implementation of a new structure that would potentially include listing on the New York Stock Exchange and Nasdaq Copenhagen. If undertaken, the move is expected to be completed in 2016.
Lithuania Opens Door to LNG Re-exports
Lithuania's parliament on Tuesday approved amendments which will allow the Baltic state to re-sell liquefied natural gas (LNG) on the international markets, the energy ministry said.
New RIB Delivered to Vermont State Police
The Vermont State Police Department Marine Division has taken delivery of a specialized RIBCRAFT 7.8 RIB built by RIBCRAFT, a U.S. manufacturer of professional grade rigid inflatable boats for safety professionals, law enforcement and military agencies. The 25-foot RIB is the third RIBCRAFT boat in the Department’s fleet and will be used by the State Marine Patrol for patrol, enforcement operations as well as search and rescue applications on Lake Champlain.
Moffatt & Nichol Hires Chief Software Architect
Brian Yoder has joined Moffatt & Nichol as Chief Software Architect at its Long Beach, Calif. office to help manage the software product development of FlexTerm, a simulation and emulation tool developed mainly for the container terminal planning, the terminal operating system testing, the logistic system modeling and optimization in ports and terminals. The software allows for better analysis of dynamic processes and visualization of operational processes through 3D animations.
